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DSE/CSE News in Brief (04-09-2019)

September 04, 2019 00:00:00


DSE NEWS

Dividend Declaration

Doreen Power Generations and Systems Limited: With reference to their earlier news disseminated by DSE on September 01, 2019, the company has informed that reasons for declaration of stock dividend: a) Bonus shares are issued to retain profit for further investment and retained profit will be used as equity investment in Chandpur Power Generations Limited which is 99.90 per cent owned subsidiary of the company. b) Bonus shares is declared out of accumulated profit and c) Bonus shares is not declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything so that the post dividend retained earnings become negative or a debit balance.

Spot trading

United Power Generation & Distribution Company Ltd.: Trading of the shares of the company will be allowed only in the spot market from today (Wednesday) to September 05, 2019 as the record date of the company is on September 08, 2019.

CSE NEWS

Disbursement of Dividend

Marico Bangladesh Ltd.: The company has disbursed 1st Interim Cash Dividend based on 3 months financials for the period ended on June 30, 2019 to the respective shareholders' Bank Accounts through BEFTN System.

The company has also disbursed Final Cash Dividend for the year ended on March 31, 2019 to the respective shareholders' Bank Accounts through BEFTN System.

Sale Confirmation

SEML FBLSL Growth Fund: FBL Securities Ltd., one of the corporate sponsors of the fund, has reported that it has completed its sale of 20,00,000 units of the fund at prevailing market price through stock exchange as per declaration disseminated on 22.08.2019.

Sale Intention

SEML FBLSL Growth Fund: FBL Securities Ltd., one of the corporate sponsors of the fund, has reported its intention to sell 10,00,000 units out of its total holding of 3,46,54,000 units of the fund at prevailing market price (in the public market) through DSE within next 30 working days.

— DSE/CSE Online


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